Oil prices edge towards $100 amid U.S.-Iran tensions

PSX Update • Sep 9, 2026

Oil prices climbed Wednesday toward $100 a barrel as renewed U.S.-Iran military confrontation heightened fears of further disruptions to crude supplies from the Middle East.

September 09, 2026 (MLN): Oil prices climbed Wednesday toward $100 a barrel as renewed U.S.-Iran military confrontation heightened fears of further disruptions to crude supplies from the Middle East. Currently, Brent crude futures is up, 0.34%, at $99.08 per barrel, according to data by Mettis Global. West Texas Intermediate (WTI) crude futures is down by $0.07, or 0.07%, to $94.00 per barrel by [09:48 am] PST. The...